Form 4: ITRON, INC. Insider Sells Shares for Tax Withholding

Patrick Justin K, SVP of Device Solutions at Itron, Inc., reported a sale of 206 shares of common stock on May 20, 2026, to cover tax withholding obligations related to a restricted stock unit award.

Summary

• Patrick Justin K, an officer of Itron, Inc. (ITRI), sold 206 shares of common stock on May 20, 2026.
• The sale was executed at a price of $79.5976 per share.
• This transaction was to cover tax withholding obligations associated with the vesting of a restricted stock unit award.
• Following this transaction, Patrick Justin K beneficially owns 32,925 shares of common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as the transaction is a standard procedure for covering tax obligations on vested equity awards and does not reflect a change in the insider's investment thesis.

Negatives

• An insider sold company stock, which could be perceived negatively by the market, although it was for tax withholding purposes.

Future Outlook

No specific future outlook or guidance is provided in this filing.

Industry Context

StockSavvy.ai notes that insider sales for tax withholding are common events and do not necessarily indicate a negative view of the company's prospects, especially when the number of shares sold is small relative to the insider's total holdings.

Stakeholder Impact

• Shareholders: The sale is for tax withholding, so it's not a direct indicator of the insider's confidence in the stock's future performance. The impact on share price is likely minimal.

Key Dates

Keywords

ITRI, Itron, Inc., Form 4, Insider Transaction, Stock Sale, Tax Withholding, Restricted Stock Unit, SVP Device Solutions